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ACME Solar Holdings Ltd. ( (IN:ACMESOLAR) ) has shared an update.
ACME Solar Holdings Ltd. reported a strong FY26 performance, with total revenue rising 59.2% year-on-year to INR 2,507 crore, EBITDA up 61.2% to INR 2,265 crore and profit after tax nearly doubling to INR 498 crore, supported by operating leverage and high EBITDA margins above 90%. Cash PAT surged 72.3% to INR 963 crore and cash return on equity reached 20.1%, while the weighted average cost of debt for operational projects remained at 8.4%, underscoring robust financial efficiency and balance sheet management.
Operationally, the company commissioned one of India’s largest battery energy storage capacities at 2.31 GWh, generating net realizations of about INR 2.2 crore per day, and fully commissioned a 100 MW wind project, its largest to date. It also secured a 301 MW FDRE project with SECI, taking FY26 project additions to 1,401 MW and lifting signed power purchase agreement capacity to 3,280 MW out of a 5,081 MW under-construction portfolio, strengthening its growth pipeline and reinforcing its position in India’s renewable energy sector.
More about ACME Solar Holdings Ltd.
ACME Solar Holdings Ltd. is an Indian renewable energy company focused on developing and operating utility-scale solar and wind power projects, with an expanding presence in battery energy storage systems. Headquartered in Gurugram, Haryana, the company targets long-term power purchase agreements and grid-scale clean energy solutions in the domestic market.
Average Trading Volume: 111,777
Technical Sentiment Signal: Buy
Current Market Cap: 179.5B INR
For an in-depth examination of ACMESOLAR stock, go to TipRanks’ Overview page.